Post heavy short-covering from sub 4800 to 4980 levels, Expect market to take a breather, consolidate & trade range-bound.
Further Short-Covering upto 5046/5074 can be expected only if critical resistance zone of 4980-4995 is crossed.
If does not cross 4995 & breaks 4946 on downside, expect 4906/4880 to be retested again.
Key Nifty Futures Levels :
Supports : 4945 & 4906.
Resistances : 4995 & 5027.
Probable Trading Range : 4906 – 5027.
Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
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Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews.
Never Forget : Our NATURE is our FUTURE !!!
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